Enter your average income below to estimate applicable free-cash in all major European cities. By free-cash we mean your disposable income, left in your pocket after paying tax, rent, insurance, public transport, food expenses and basic entertainment. How does it work?

average income is
₽ 73500
per

Your estimated
City
free-cash

Madrid , Spain
₽9693
₽16803
₽7015
₽6494
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
73 500
other
-
-
-
74
unemployment
-
-
-
515
income
-
-
-
12 189
pensions
-
-
-
20 801
accident
-
-
-
662
total
-
-
-
34 241
Employee
45 026
-
55 732
-
unemployment
697
-
863
-
other
44
-
57
-
pensions
2 116
-
2 620
-
income
9 404
-
12 412
-
total
12 261
-
15 952
-
Employer
45 026
-
55 732
-
other
361
-
446
-
accident
892
-
1 104
-
pensions
10 626
-
13 152
-
unemployment
2 477
-
3 066
-
total
14 356
-
17 768
-
Corporate
14 119
73 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

2 118
11 026
-
-
total
2 118
11 026
-
-
Dividends
12 001
62 474
-
-
withholding
2 307
12 906
-
-
total
2 307
12 906
-
-
Income
73 500
73 500
73 500
73 500
Total tax
31 042
23 932
33 720
34 241
After tax
42 458
49 568
39 780
39 259
Living cost
32 765
32 765
32 765
32 765
Free-cash
9 693
16 803
7 015
6 494

Estimated living cost  is ₽32765 per week

₽23531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
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Source of data for Madrid model

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